CGG | CIK:0001037962 | 3

  • Filed: 3/29/2018
  • Entity registrant name: CGG (CIK: 0001037962)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1037962/000119312518101439/0001193125-18-101439-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1037962/000119312518101439/cgg-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001037962
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  • ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory

    5 — Cost of net financial debt

    Cost of net financial debt includes expenses related to financial debt, composed of bonds, the debt component of convertible bonds, bank loans, capital-lease obligations and other financial borrowings, net of income provided by cash and cash equivalents.

    Borrowing costs that relate to assets that take a substantial period of time to get ready for use or sale are capitalized as part of the acquisition cost of such assets.